21.   In the U.S., investors and economists have already dramatically reduced their estimates, and the Fed has responded through vigorous policy actions.

22.   It later reduced the estimate.

23.   Many had reduced their estimates, based on less-than-stellar sales of computers and software during the holidays.

24.   Meanwhile, in a separate report, the Federal Reserve today reduced its estimate of U.S. industrial production and plant use in December.

25.   Sell-side analysts had reduced their estimates of late because of the downturn in the securities business.

26.   Since then, administration officials have reduced their estimates of how much the overspending will total.

27.   Some Wall Street analysts have already reduced their estimates of industry earnings this year, but auto executives contend that this is premature.

28.   Soybean futures surged amid expectations that the government tomorrow will reduce its estimate for fall production, leaving inventories tight for another year.

29.   Soybeans advanced after an influential forecasting firm reduced its estimate of soybean stockpiles amid strong export demand for U.S. oilseeds.

30.   Talish, of Merrill Lynch, said that she has reduced her estimates for Circus Circus seven times since the Luxor and Circus Circus expansions were complete.